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The US stock indices closed higher for the third consecutive session. By the end of Tuesday, the Dow Jones Index (US30) had grown by 0.47%. The S&P 500 Index (US500) rose by 0.01%. The technological Nasdaq Index (US100) closed lower by 0.16%. A strong start to the corporate earnings season outweighed the lingering uncertainty surrounding US-China trade relations. Overall, more than 75% of companies that have already reported quarterly results exceeded analysts’ prognoses, which supported the overall rally on Wall Street.

Canada’s Consumer Price Index (CPI) rose to 2.4% year-over-year in September, compared to an outlook of 2.3%, which was the highest reading since February. The median core inflation remained near a one-year high at 3.1%, surpassing the consensus of 3%, which narrows the space for policy easing by the Bank of Canada. On the trade front, the situation was supported by reports that a US-Canada trade agreement, covering steel, aluminum, and energy, might be ready for approval by leaders at the upcoming APEC summit.

European stock markets mostly rose on Tuesday. Germany’s DAX (DE40) grew by 0.29%, France’s CAC 40 (FR40) closed higher by 0.64%, Spain’s IBEX35 Index (ES35) fell by 0.39%, and the UK’s FTSE 100 (UK100) closed up 0.25%.

WTI oil prices rose to $57.4 per barrel on Tuesday. However, the supply surplus has not disappeared. According to Vortexa, the volume of crude oil and condensate in tankers worldwide reached a record 1.24 billion barrels. The IEA warned that the global oil market could face a record surplus next year as OPEC+ and other producers increase output volumes even amid slowing demand growth.

Asian markets grew confidently yesterday. Japan’s Nikkei 225 (JP225) rose by 0.27%, China’s FTSE China A50 (CHA50) grew by 1.79%, Hong Kong’s Hang Seng (HK50) was up by 0.65%, and Australia’s ASX 200 (AU200) showed a positive result of 0.70%.

Japan’s new Prime Minister Sanae Takaichi instructed her cabinet to prepare a package of economic stimulus measures to ease the burden of household expenses. Against this backdrop, the government is increasing fiscal stimulus to support the economy, including energy subsidies, payments to low-income families, and tax breaks for businesses affected by tariffs. This also suggests that the Bank of Japan (BoJ) will not tighten its monetary policy in the near future.

Malaysia’s annual inflation rate rose to 1.5% in September 2025 from 1.3% in the previous month, marking the highest reading since February and slightly exceeding market estimates of 1.4%. Core inflation, which excludes volatile prices of fresh food and regulated prices, rose to 2.1% year-over-year, the highest reading since October 2023. On a monthly basis, consumer prices rose by 0.2% after a 0.1% increase in the previous five months, indicating the fastest growth in seven months.

• S&P 500 (US500) 6,735.35 +0.22 (+0.01%)
• Dow Jones (US30) 46,924.74 +218.16 (+0.47%)
• DAX (DE40) 24,330.03 +71.23 (+0.29%)
• FTSE 100 (UK100) 9,426.99 +23.42 (+0.25%)
• USD Index 98.97 +0.38 (+0.39%)
   

News feed for: 2025.10.22

• Japan Trade Balance (q/q) at 02:50 (GMT+3);
• UK Consumer Price Index (m/m) at 09:00 (GMT+3);
• Eurozone ECB President Lagarde Speaks at 15:25 (GMT+3);
• US Crude Oil Reserves (w/w) at 17:30 (GMT+3);
• China Communist Party Fourth Plenum (All Day).

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